Hopkinton, Mass., April 25, 2025 — PrismHR, a Vensure Employer Solutions company and the leading HR technology software innovator for service providers across the U.S., today announced a new partnership with Vestwell, a modern savings platform. This partnership provides PrismHR customers and their clients with access to industry-leading retirement savings programs.
Through this partnership, PrismHR will now offer flexible, cost-effective pooled retirement solutions and other savings benefits powered by Vestwell’s cutting-edge technology. This collaboration enables PrismHR’s customers to provide a broader range of retirement solutions with ease to their clients.
“Vestwell’s commitment to the PEO industry, modern platform and customer support made partnering an easy decision,” said Kraig Sanders, PrismHR’s senior director of partner relationship management. “Vestwell’s integrated solution removes the complexity and challenges that are typically associated with offering your employees a retirement plan benefit as well as eliminating mistakes that occur with manual data entry.”
Powered by Vestwell’s industry-leading platform, these solutions include Multiple Employer Plans (MEPs), Pooled Employer Plans (PEPs) and Groups of Plans (GoPs). By leveraging pooled retirement solutions, businesses of all sizes can simplify and automate key plan processes—such as enrollment, deductions and reporting—while ensuring ongoing compliance.
With this integration, over 100,000 businesses using PrismHR can now seamlessly launch and manage both startup and conversion workplace retirement programs through Vestwell’s intuitive platform. PrismHR’s HR outsourcer customers also gain the ability to streamline benefits administration, making retirement planning more accessible and efficient for the clients they serve.
“Partnering with PrismHR to expand access to workplace savings aligns directly with our mission to close the savings gap,” said Aaron Schumm, founder and CEO of Vestwell. “By leveraging Vestwell’s innovative technology, PrismHR can now deliver cost-effective, scalable retirement solutions that are easy for their PEO clients to manage and distribute. As nearly half of Americans lack a retirement plan through their employer, PEOs have become critical in providing more businesses with the tools to help employees secure their financial future, and we’re proud to support them through this partnership.”
Learn more by visiting: https://www.prismhr.com.
About PrismHR
PrismHR is the leading provider of HR technology to Professional Employer Organizations (PEOs) and a top provider of Human Capital Management (HCM) solutions. By combining advanced HR software with a network of HR service providers, PrismHR empowers small businesses (SMBs) to manage payroll, benefits, and HR throughout the employee lifecycle. The company supports over 100,000 organizations and more than 2.5 million worksite employees, processing more than $153 billion in payroll annually. A part of Vensure Employer Solutions, PrismHR is based in Hopkinton, Massachusetts.
For more information, visit prismhr.com.
About Vestwell
Vestwell is the backbone of the modern American savings economy.
Vestwell is a financial technology company that makes it easier for more Americans to save for life’s most important moments—from retirement to education and healthcare. Founded in 2016, Vestwell’s platform removes traditional barriers to saving, making it accessible, efficient, and approachable for everyone.
Vestwell provides a comprehensive suite of workplace savings solutions, including retirement plans, student loan repayment benefits, and specialized accounts for education, emergencies, and disability savings.
Trusted by financial advisers, employers, payroll providers, financial institutions, and government agencies, Vestwell empowers nearly 1.5 million savers across over 350,000 businesses nationwide, with over $34 billion in assets under management. With a commitment to closing the savings gap and fostering a secure financial future for all, Vestwell provides an elevated and accessible savings technology everyone deserves.
For more information, visit vestwell.com.
